aareen properties limited

aareen properties limited Company Information

Share AAREEN PROPERTIES LIMITED
Live 
EstablishedSmallLow

Company Number

08973997

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Shareholders

rashida rajulawalla

aarib rajulawalla

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Group Structure

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Contact

Registered Address

5 buckland, shoeburyness, southend-on-sea, SS3 8BD

Website

-

aareen properties limited Estimated Valuation

£5m

Pomanda estimates the enterprise value of AAREEN PROPERTIES LIMITED at £5m based on a Turnover of £2m and 2.57x industry multiple (adjusted for size and gross margin).

aareen properties limited Estimated Valuation

£793.8k

Pomanda estimates the enterprise value of AAREEN PROPERTIES LIMITED at £793.8k based on an EBITDA of £156.1k and a 5.08x industry multiple (adjusted for size and gross margin).

aareen properties limited Estimated Valuation

£2.5m

Pomanda estimates the enterprise value of AAREEN PROPERTIES LIMITED at £2.5m based on Net Assets of £1.4m and 1.71x industry multiple (adjusted for liquidity).

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Aareen Properties Limited Overview

Aareen Properties Limited is a live company located in southend-on-sea, SS3 8BD with a Companies House number of 08973997. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2014, it's largest shareholder is rashida rajulawalla with a 51% stake. Aareen Properties Limited is a established, small sized company, Pomanda has estimated its turnover at £2m with low growth in recent years.

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Aareen Properties Limited Health Check

Pomanda's financial health check has awarded Aareen Properties Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

4 Weak

size

Size

annual sales of £2m, make it larger than the average company (£1m)

£2m - Aareen Properties Limited

£1m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (5.5%)

1% - Aareen Properties Limited

5.5% - Industry AVG

production

Production

with a gross margin of 31%, this company has a higher cost of product (72.3%)

31% - Aareen Properties Limited

72.3% - Industry AVG

profitability

Profitability

an operating margin of 8% make it less profitable than the average company (28.9%)

8% - Aareen Properties Limited

28.9% - Industry AVG

employees

Employees

with 4 employees, this is similar to the industry average (4)

4 - Aareen Properties Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)

£33.5k - Aareen Properties Limited

£33.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £489.9k, this is more efficient (£196.8k)

£489.9k - Aareen Properties Limited

£196.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 55 days, this is later than average (31 days)

55 days - Aareen Properties Limited

31 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 631 days, this is slower than average (37 days)

631 days - Aareen Properties Limited

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Aareen Properties Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Aareen Properties Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 62%, this is a similar level of debt than the average (67.4%)

62% - Aareen Properties Limited

67.4% - Industry AVG

AAREEN PROPERTIES LIMITED financials

EXPORTms excel logo

Aareen Properties Limited's latest turnover from May 2024 is estimated at £2 million and the company has net assets of £1.4 million. According to their latest financial statements, we estimate that Aareen Properties Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Turnover1,959,6128,279,0926,748,2521,905,3712,590,6912,425,9182,492,8871,380,4561,673,2031,629,0950
Other Income Or Grants00000000000
Cost Of Sales1,352,4475,878,9474,839,6741,384,6791,823,8861,712,7181,724,081930,3151,146,7821,173,8860
Gross Profit607,1652,400,1451,908,578520,692766,804713,201768,807450,141526,421455,2090
Admin Expenses451,0252,320,8221,520,405306,866431,553568,737527,461253,353498,643440,4180
Operating Profit156,14079,323388,173213,826335,251144,464241,346196,78827,77814,7910
Interest Payable00000000000
Interest Receivable00000000000
Pre-Tax Profit156,14079,323388,173213,826335,251144,464241,346196,78827,77814,7910
Tax-39,035-19,831-73,753-40,627-63,698-27,448-45,856-37,390-5,555-2,9580
Profit After Tax117,10559,492314,420173,199271,553117,016195,490159,39822,22211,8330
Dividends Paid00000000000
Retained Profit117,10559,492314,420173,199271,553117,016195,490159,39822,22211,8330
Employee Costs134,083591,849514,570165,281222,786192,735212,723128,480131,000130,9740
Number Of Employees4191768785550
EBITDA*156,14079,323388,173213,826335,251144,464241,346196,78827,77814,7910

* Earnings Before Interest, Tax, Depreciation and Amortisation

May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Tangible Assets3,499,9763,699,3033,973,7244,918,2524,358,3644,036,2123,766,1263,815,2762,824,6751,423,8140
Intangible Assets00000000000
Investments & Other00000000000
Debtors (Due After 1 year)00000000000
Total Fixed Assets3,499,9763,699,3033,973,7244,918,2524,358,3644,036,2123,766,1263,815,2762,824,6751,423,8140
Stock & work in progress00000000000
Trade Debtors296,9562,019,4261,579,146196,526299,157261,051377,554127,046215,251245,4060
Group Debtors00000000000
Misc Debtors00000000000
Cash00000000000
misc current assets00000001,896000
total current assets296,9562,019,4261,579,146196,526299,157261,051377,554128,942215,251245,4060
total assets3,796,9325,718,7295,552,8705,114,7784,657,5214,297,2634,143,6803,944,2183,039,9261,669,2200
Bank overdraft00000000000
Bank loan00000000000
Trade Creditors 2,338,4544,394,1064,287,7394,164,0673,880,0093,791,3043,754,7373,750,7653,005,8711,657,3870
Group/Directors Accounts00000000000
other short term finances00000000000
hp & lease commitments00000000000
other current liabilities00000000000
total current liabilities2,338,4544,394,1064,287,7394,164,0673,880,0093,791,3043,754,7373,750,7653,005,8711,657,3870
loans00000000000
hp & lease commitments00000000000
Accruals and Deferred Income00000000000
other liabilities16,7500000000000
provisions00000000000
total long term liabilities16,7500000000000
total liabilities2,355,2044,394,1064,287,7394,164,0673,880,0093,791,3043,754,7373,750,7653,005,8711,657,3870
net assets1,441,7281,324,6231,265,131950,711777,512505,959388,943193,45334,05511,8330
total shareholders funds1,441,7281,324,6231,265,131950,711777,512505,959388,943193,45334,05511,8330
May 2024May 2023May 2022May 2021May 2020May 2019May 2018May 2017May 2016May 2015May 2014
Operating Activities
Operating Profit156,14079,323388,173213,826335,251144,464241,346196,78827,77814,7910
Depreciation00000000000
Amortisation00000000000
Tax-39,035-19,831-73,753-40,627-63,698-27,448-45,856-37,390-5,555-2,9580
Stock00000000000
Debtors-1,722,470440,2801,382,620-102,63138,106-116,503250,508-88,205-30,155245,4060
Creditors-2,055,652106,367123,672284,05888,70536,5673,972744,8941,348,4841,657,3870
Accruals and Deferred Income00000000000
Deferred Taxes & Provisions00000000000
Cash flow from operations-216,077-274,421-944,528559,888322,152270,086-51,046992,4971,400,8621,423,8140
Investing Activities
capital expenditure199,327274,421944,528-559,888-322,152-270,08649,150-990,601-1,400,861-1,423,8140
Change in Investments00000000000
cash flow from investments199,327274,421944,528-559,888-322,152-270,08649,150-990,601-1,400,861-1,423,8140
Financing Activities
Bank loans00000000000
Group/Directors Accounts00000000000
Other Short Term Loans 00000000000
Long term loans00000000000
Hire Purchase and Lease Commitments00000000000
other long term liabilities16,7500000000000
share issue00000000000
interest00000000000
cash flow from financing16,7500000000000
cash and cash equivalents
cash00000000000
overdraft00000000000
change in cash00000000000

aareen properties limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Aareen Properties Limited Competitor Analysis

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Perform a competitor analysis for aareen properties limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other small companies, companies in SS3 area or any other competitors across 12 key performance metrics.

aareen properties limited Ownership

AAREEN PROPERTIES LIMITED group structure

Aareen Properties Limited has no subsidiary companies.

Ultimate parent company

AAREEN PROPERTIES LIMITED

08973997

AAREEN PROPERTIES LIMITED Shareholders

rashida rajulawalla 50.98%
aarib rajulawalla 24.51%
amreen rajulawalla 24.51%

aareen properties limited directors

Aareen Properties Limited currently has 1 director, Rashida Rajulawalla serving since Apr 2014.

officercountryagestartendrole
Rashida RajulawallaUnited Kingdom57 years Apr 2014- Director

P&L

May 2024

turnover

2m

-76%

operating profit

156.1k

0%

gross margin

31%

+6.88%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

May 2024

net assets

1.4m

+0.09%

total assets

3.8m

-0.34%

cash

0

0%

net assets

Total assets minus all liabilities

aareen properties limited company details

company number

08973997

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

April 2014

age

11

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

May 2024

previous names

N/A

accountant

-

auditor

-

address

5 buckland, shoeburyness, southend-on-sea, SS3 8BD

Bank

-

Legal Advisor

-

aareen properties limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to aareen properties limited.

aareen properties limited Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

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aareen properties limited Companies House Filings - See Documents

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